Funding Circle (LON:FCH) Given Buy Rating at Canaccord Genuity Group

Funding Circle (LON:FCHGet Free Report)‘s stock had its “buy” rating reissued by research analysts at Canaccord Genuity Group in a report issued on Tuesday,Digital Look reports. They currently have a GBX 300 target price on the stock. Canaccord Genuity Group’s price objective indicates a potential upside of 41.51% from the company’s previous close.

Separately, Shore Capital Group raised shares of Funding Circle to a “buy” rating in a research report on Tuesday, April 7th. Two research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus target price of GBX 300.

View Our Latest Stock Analysis on Funding Circle

Funding Circle Stock Performance

Shares of Funding Circle stock opened at GBX 212 on Tuesday. The firm has a market capitalization of £601.03 million, a P/E ratio of 15.14 and a beta of 0.71. The company has a quick ratio of 3.33, a current ratio of 1.70 and a debt-to-equity ratio of 119.79. The company has a 50 day moving average price of GBX 150.51 and a 200 day moving average price of GBX 146.11. Funding Circle has a 52 week low of GBX 113.20 and a 52 week high of GBX 215.

Insider Activity at Funding Circle

In other news, insider Tony Nicol bought 1,314 shares of the firm’s stock in a transaction that occurred on Monday, May 18th. The stock was purchased at an average cost of GBX 137 per share, for a total transaction of £1,800.18. Also, insider Lisa Jacobs purchased 1,315 shares of the stock in a transaction that occurred on Monday, May 18th. The shares were purchased at an average cost of GBX 137 per share, for a total transaction of £1,801.55. 1.18% of the stock is owned by insiders.

About Funding Circle

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